Eccentric Russian entrepreneur German Sterligov has announced that he is going to open the first official bitcoin store in Russia. However, this advocate of ‘spiritual bonds’ notes that bitcoin prices at his store will always be higher than those on the market.
According to Russian Economic Development Minister Maksim Oreshkin, the global development of cryptocurrencies resembles a pyramid scheme.
Russia’s National Settlement Depository (NSD) is considering building a platform to serve digital assets including cryptocurrencies and tokenized assets.
Alexander Vinnik, 38, was detained in Greece yesterday on the charges of laundering $4 billion with bitcoins. Local media reports that he might be connected to BTC-e, a cryptocurrency exchange used predominantly by the Russian-speaking community, that recently went offline.
This spring an interdepartmental working group on cryptocurrencies in Russia has started working on a bill that would legalize cryptocurrencies in the country. There are numerous rumors and talks concerning this paper, however, nobody actually has any reliable and systematic information in this regard.
Russia’s business ombudsman Boris Titov offered Elvira Nabiullina, the chairwoman of the country’s central bank, to use Japan’s experience in cryptocurrency regulation.
Alpari Group, Russia’s largest native forex broker, has joined growing list of international derivatives markets that offer cryptocurrency trading products announcing the launch of two bitcoin trading pairs, with the company now offering BTC/USD and BTC/EUR CFDs to traders.
Russian parliament plans to review a bill that legalizes cryptocurrencies this September. According to Elina Sidorenko, the head of the parliament’s working group of cryptocurrencies, the bill, however, does not include provisions as to tax regulation of virtual money.